Armstrong World Industries Inc (AWI)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 320,700 | 338,400 | 314,600 | 298,300 | 300,900 | 277,900 | 265,100 | 260,600 | 248,600 | 245,300 | 252,400 | 240,600 | 220,400 | 222,200 | 209,600 | -141,700 | -116,800 | -96,800 | -84,600 | 271,600 |
| Revenue (ttm) | US$ in thousands | 1,360,400 | 1,338,600 | 1,263,600 | 1,247,800 | 1,275,800 | 1,255,300 | 1,254,300 | 1,230,300 | 1,201,100 | 1,169,200 | 1,128,400 | 1,097,100 | 1,040,000 | 994,100 | 917,000 | 912,800 | 958,000 | 983,200 | 1,048,400 | 1,038,100 |
| Pretax margin | 23.57% | 25.28% | 24.90% | 23.91% | 23.59% | 22.14% | 21.14% | 21.18% | 20.70% | 20.98% | 22.37% | 21.93% | 21.19% | 22.35% | 22.86% | -15.52% | -12.19% | -9.85% | -8.07% | 26.16% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $320,700K ÷ $1,360,400K
= 23.57%
Armstrong World Industries Inc's pretax margin has demonstrated fluctuations over the period from December 31, 2019, to December 31, 2024. The pretax margin started positively at 26.16% in December 2019, but subsequently declined to -8.07% in March 2020, indicating a loss before taxes. The negative trend continued in the following quarters, reaching its lowest point at -15.52% in December 2020.
However, the company managed to turn its performance around, achieving a significant improvement in the pretax margin to 22.86% in March 2021. This positive momentum was sustained through the next quarters, with the pretax margin consistently above 20%.
Although there were fluctuations in the pretax margin over the years, Armstrong World Industries Inc showed overall profitability and resilience, as evidenced by the upward trend in the latter part of the analyzed period, reaching a pretax margin of 23.91% in December 2023.
It is worth noting a slight decline in the pretax margin to 23.57% in December 2024, which could be an area worth monitoring in future financial assessments to ensure the company maintains its profitability levels.
Peer comparison
Dec 31, 2024